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$1,199 - $2,109
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Studio to 2 Bedroom Apartments Available NowMeadow Woods
3308 Lockheed BlvdAlexandria, VA 22306
Cheap Apartments for Rent in the Penn Draw Neighborhood of Alexandria, VA from $900 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Penn Draw area of Alexandria.
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$1,224 - $1,503
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLongview Terrace Apartments
2900-2915 Seay StAlexandria, VA 22314
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$1,450 - $2,500
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Studio to 3 Bedroom Apartments Available NowCityside Huntington Metro
6034 Richmond HwyAlexandria, VA 22303
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$1,470 - $3,686
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,395 - $3,611
Required Monthly Fees
$75
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$1,470 - $3,686
Mount Vernon Square Apartment Homes
2722 Arlington DrAlexandria, VA 22306
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$1,499 - $2,463
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLafayette Apartments
7136 Groveton Gardens RdAlexandria, VA 22306
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$1,550 - $2,550
Plus Fees
Studio to 2 Bedroom Apartments Available NowBeacon Hill
3100 Southgate DrAlexandria, VA 22306
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$1,611 - $2,401
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityThe Residences at North Hill
7201 Richmond HwyAlexandria, VA 22306
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$1,653 - $4,465
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Studio to 2 Bedroom Apartments Available NowThe Belhaven Apartments
6375 Richmond HwyAlexandria, VA 22306
4862 Eisenhower Ave
AlexandriaVA22304
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$1,670 - $1,855
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityNormandy Hill Apartments
135 Normandy Hill DrAlexandria, VA 22304
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
6641 Wakefield Dr
AlexandriaVA22307
1803 Belle View Blvd
AlexandriaVA22307
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$1,7002 Bedroom Apartments Available Now
2318 Glendale Terrace, Unit A1
2318 Glendale TerraceAlexandria, VA 22303
2059 Huntington Ave
AlexandriaVA22303
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$1,819 - $3,095
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1 to 3 Bedroom Apartments Available NowRose Hill Apartments
6198 Rose Hill DrAlexandria, VA 22310
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$1,877 - $4,988
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,870 - $4,981
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The Foundry
2470 Mandeville LnAlexandria, VA 22314
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$1,901 - $4,129
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1 to 2 Bedroom Apartments Available NowSouth Alex
2803 Poag StAlexandria, VA 22303
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$1,942 - $4,799
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,915 - $4,772
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Dylan & Reese
2455 Mandeville AveAlexandria, VA 22314
6628 E Wakefield Dr
AlexandriaVA22307
134 Roberts Ln
AlexandriaVA22314
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$2,004 - $13,202
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Studio to 2 Bedroom Apartments Available NowLincoln Old Town
401 Holland LnAlexandria, VA 22314
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$2,009 - $10,172
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Studio to 2 Bedroom Apartments Available Now800 Carlyle
800 John Carlyle StAlexandria, VA 22314
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$2,031 - $3,367
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,918 - $3,254
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$113
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$2,031 - $3,367
The Courts at Huntington Station
5950 Grand Pavilion WayAlexandria, VA 22303
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$2,035 - $10,415
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Studio to 3 Bedroom Apartments Available NowMAA Carlyle Square
501 Holland LnAlexandria, VA 22314
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$2,060 - $3,510
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Studio to 3 Bedroom Apartments Available NowThe Point at Eisenhower Square
2827 Telek PlAlexandria, VA 22314
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$2,063 - $4,975
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,060 - $4,972
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$3
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$2,063 - $4,975
Bell Old Town
750 Thornton WayAlexandria, VA 22314
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$2,095 - $6,686
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Studio to 3 Bedroom Apartments Available NowAspire Huntington Station
5919 Ashlar WayAlexandria, VA 22303
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$2,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowSpring Gardens Apartments
211 N West StAlexandria, VA 22314
1501 Belle View Blvd, Unit B2
1501 Belle View Blvd
AlexandriaVA22307
6500 Boulevard View
AlexandriaVA22307
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
1302 Belle View Blvd
AlexandriaVA22307
5916 Ewing Pl
AlexandriaVA22310
4852 Eisenhower Ave, Unit Exchange at Van Dorn
4852 Eisenhower Ave
AlexandriaVA22304
309 Holland Ln
AlexandriaVA22314
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$2,402 - $5,741
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,987 - $5,326
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$415
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$2,402 - $5,741
Carlyle Mill
2201 Mill RdAlexandria, VA 22314
2301 Farrington Ave
AlexandriaVA22303
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Studio to 2 Bedroom Apartments
Mount Vernon Gardens
7417-7421 Fordson RdAlexandria, VA 22306
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Studio to 3 Bedroom Apartments
THE ARDEN A
2317 Huntington AveAlexandria, VA 22303
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Studio to 2 Bedroom Apartments
Carydale East Apartments
2727 Duke StAlexandria, VA 22314
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Studio to 2 Bedroom Apartments
The Ellsworth
2801 Seay StAlexandria, VA 22314
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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1 to 2 Bedroom Apartments
Jefferson Gardens
5877 Monticello RdAlexandria, VA 22303
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1 to 3 Bedroom Apartments
Huntington Gardens Apartments
2817-2841 Fairhaven AveAlexandria, VA 22303
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1 to 4 Bedroom Apartments
Olde Towne West
500-524 S Alfred StAlexandria, VA 22314
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1 to 3 Bedroom Apartments
Kings Gardens
6300 S Kings HwyAlexandria, VA 22306
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1 to 3 Bedroom Apartments
Haven Huntley Meadows
7300 Jon Paul DrAlexandria, VA 22306
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1 to 3 Bedroom Apartments
Cherry Arms
7131 Richmond HwyAlexandria, VA 22306
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Studio to 2 Bedroom Apartments
115 S Patrick St
115 S Patrick StAlexandria, VA 22314
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Studio to 2 Bedroom Apartments
Meridian 2250 at Eisenhower Station
2250 Dock LnAlexandria, VA 22314
520 John Carlyle St
AlexandriaVA22314
520 John Carlyle St, Unit 234
520 John Carlyle St
AlexandriaVA22314
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Penn Draw, Alexandria, VA Local Guide
How much does it cost to rent an apartment in Penn Draw?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penn Draw Studio Apartments | $1,802 | $1,229 | $2,699 |
| Penn Draw 1 Bedroom Apartments | $2,159 | $1,224 | $3,551 |
| Penn Draw 2 Bedroom Apartments | $2,643 | $1,479 | $6,228 |
| Penn Draw 3 Bedroom Apartments | $2,657 | $2,110 | $4,799 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 56 rentals with your search options within a 2 mile radius of the Penn Draw Neighborhood of Alexandria, VA.
See all Apartments in AlexandriaExplore Alexandria
Penn Draw, Alexandria, VA Local Guide
- Nearby Alexandria neighborhoods
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Cheapest Available Penn Draw Apartments for Rent
The cheapest available apartment rental in the Penn Draw area of Washington, VA is a 1 Bed unit found at THE ARDEN A priced from $977. Meadow Woods has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Penn Draw apartments for rent in Washington, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| THE ARDEN A | 1 Bedroom | 1BR,1BA | $977 |
| Meadow Woods | Wilson | Studio,1BA | $1,199 |
| Longview Terrace Apartments | 1 Bedroom | 1BR,1BA | $1,224 |
| Riverside Apartments | Tower 2 | Studio | S1A | Studio,1BA | $1,299 |
| Cityside Huntington Metro | Studio 430 sq. ft. | Studio,1BA | $1,450 |
| Mount Vernon Square Apartment Homes | One Bedroom - 735 sqft | 1BR,1BA | $1,470 |
| Lafayette Apartments | <h3><center><b>One Bedroom</h3></center></b> | 1BR,1BA | $1,499 |
| Beacon Hill | Piper | Studio,1BA | $1,550 |
| Kings Gardens | 1Bedroom 1Bathroom | 1BR,1BA | $1,597 |
| The Belhaven Apartments | S01 | Studio,1BA | $1,653 |
Best Value Apartments for Rent in Penn Draw, VA
As of July 16, 2026 the best value apartment in the Penn Draw area is the $2.07 price per square foot <h3><center><b>Two Bedroom</h3></center></b> Model at Lafayette Apartments in the in the Gum Springs neighborhood starting from $1,849. The second greatest value Penn Draw apartment is the 211-5 Model at Spring Gardens Apartments starting at $2,100 with a $2.50 price per square foot in the Northeast Alexandria neighborhood. Here is today’s list of the best values for Penn Draw apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lafayette Apartments | <h3><center><b>Two Bedroom</h3></center></b> | 2BR,1BA | $2.07 |
| Spring Gardens Apartments | 211-5 | 2BR,1BA | $2.50 |
| Kings Gardens | 1Bedroom Den 1Bathroom | 1BR,1BA | $2.07 |
| Rose Hill Apartments | The Ramsey | 1BR,1BA | $2.65 |
| Mount Vernon Square Apartment Homes | One Bedroom - 735 sqft | 1BR,1BA | $2.00 |
| The Residences at North Hill | 1 Bedroom | 1BR,1BA | $2.48 |
| Haven Huntley Meadows | 1 Bedroom | 1BR,1BA | $2.59 |
| Longview Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.95 |
| THE ARDEN A | 1 Bedroom | 1BR,1BA | $1.82 |
| Meadow Woods | Wilson | Studio ,1BA | $2.42 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Penn Draw, Alexandria, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Penn Draw Apartments
What is a cheap apartment in Penn Draw?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Penn Draw is under $1,653.
What is the price of a cheap apartment in Penn Draw?
The cheapest apartment in Penn Draw is THE ARDEN A which is listed at $977, while the average apartment in Penn Draw costs $2,587.
What types of apartments are the cheapest in Penn Draw?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 43 regular apartments in Penn Draw that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Penn Draw?
Cheap apartments in Penn Draw have an average cost of $231 which is $2,356 cheaper than the average rent for all rentals in Penn Draw.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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